SOUTH EASTERN CARPENTRY LIMITED

Gary John Dines

As a continuing security for the payment and discharge of the secured liabilities, the chargor with full title guarantee: charges to the chargees, by way of fixed charge:(i) all licences, consents and authorisations, statutory or otherwise held or required in connection with the chargor's business or the use of any charged property and all rights in connection with them; (ii) all present and future goodwill and uncalled capital for the time being of the chargor; and (iii) all equipment; (iv) all the intellectual property;(v) all the book debts; (vi) all the investments; and. (Vii) all monies from time to time standing to the credit of its accounts with any bank, financial institution or other person;. Refer to the charging instrument for further details.

NATIONAL WESTMINSTER BANK PLC

DEBENTURE

NATIONAL WESTMINSTER BANK PLC

CHARGE OF DEPOSIT